Axsome Therapeutics (AXSM) stock jumps 23% after FDA priority review for Alzheimer’s agitation filing
Axsome Therapeutics shares rose 23% after the FDA accepted its AXS-05 application for Alzheimer’s agitation with Priority Review, setting an April 30, 2026 decision date. Oppenheimer raised its price target to $220, citing the FDA move and Axsome’s planned January NDA submission for AXS-12 in narcolepsy.